Listen to the article
Murex expands its strategic partnership with AWS to enhance its MX.3 platform with new managed services and cloud-native risk analytics, transforming how financial institutions manage operations amid industry demands.
Murex, a global leader in cross-asset financial technology solutions, has expanded its long-standing collaboration with Amazon Web Services (AWS) through a new multi-year strategic agreement. This enhanced partnership aims to scale Murex’s flagship MX.3 platform into a comprehensive suite of managed services powered by AWS, significantly advancing cloud-native financial technology offerings for capital markets players worldwide.
The agreement emerges after months of technical collaboration and is designed to help financial institutions access broad functional coverage alongside stringent security standards, operational excellence, and robust regulatory compliance. Central to this development is the expansion of Murex’s software-as-a-service offering, MXSaaS, and the innovative cloud-native solution, XVA as a Service. The latter leverages AWS’s elastic computing capabilities to provide scalable, sophisticated risk analytics, accommodating the growing demand for dynamic risk management tools across banking, capital markets, and asset management sectors.
Since the collaboration was formalised in June, Murex has successfully onboarded four new clients to its MXSaaS platform, a testament to the combined value of the AWS partnership and the maturity of MXSaaS as a reliable managed service. By operating on AWS infrastructure, Murex’s managed services benefit from increased agility, resilience, and flexibility. This has enhanced client experience through automation of technical processes, proactive performance monitoring, and incident management—features that accelerate time-to-market and help prevent service disruptions.
Murex is also making substantial investments to scale MXSaaS operations further, focusing on equipping FinOps and DevOps teams with cutting-edge technology and expanding its global workforce. These efforts are aimed at serving a growing share of both existing and future clients worldwide. Murex CEO Elias Eddé underscored the challenges faced by financial firms in maintaining mission-critical trading and risk management systems amid regulatory demands, cybersecurity threats, and market volatility. He highlighted how this collaboration delivers these vital platforms as cloud services powered by AWS, reinforcing operational resilience and performance.
The collaboration is already proving practical for leading financial institutions. For example, the National Bank of Canada has migrated its MX.3 development and testing environments to AWS, enabling resource repurposing to priority projects and aligning infrastructure to business goals such as agility and performance improvement. Similarly, Momentum Metropolitan Holdings in South Africa upgraded and migrated its MX.3 ecosystem to AWS in nine months, achieving a fivefold performance gain without increasing total ownership costs. This migration allowed on-demand scalability for complex risk calculations and enhanced balance sheet management.
Daiwa Securities Group, one of Japan’s largest securities firms, has also transitioned its risk management system to MXSaaS on AWS. This move supports Daiwa’s digital transformation strategy by enhancing operational agility, security, compliance, and cost efficiency—factors critical for a domestic systemically important bank navigating evolving regulations.
Industry recognition further validates Murex’s strategic direction, with awards in the Americas and Asia Pacific acknowledging its strength in Managed Services and SaaS offerings. These accolades highlight Murex’s commitment to helping clients reduce IT costs long-term, adapt swiftly to market changes, and capitalise on the latest technology embedded within the MX.3 platform.
The enhanced cloud collaboration represents a significant milestone in the capital markets technology landscape, addressing the increasing infrastructure demands of this sector while delivering innovative, secure, and scalable solutions tailored for the complexities of modern financial institutions.
📌 Reference Map:
Source: Noah Wire Services